Getting helpless over the Senate version of the proposed Coco Levy Act, coconut farmers will attempt to seek for the intervention of Senator Bong Go, the longtime aide of President Rodrigo Duterte, about the “unfavorable” provisions of the proposed bill that sought to release the P100-billion...
The Duterte administration has requested for a fresh provisional advance from the Bangko Sentral ng Pilipinas (BSP) in the amount of P540 billion. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno. (Bloomberg file photo) “The NG has requested for fresh provisional advance of P540...
The threat of illegal, unreported, and unregulated (IUU) fishing in the Philippines is estimated at P5 trillion annually, but there is just no exact way to measure how much the country is really losing from this. Rollan Geronimo, IUU Fishing Specialist for the United States Agency for International...
Finance Secretary Carlos G. Dominguez III is throwing support behind the proposed measure seeking to digitalize all government agency services provided to the public. Finance Secretary Carlos G. Dominguez III (MANILA BULLETIN FILE PHOTO) Dominguez said that Senate Bill (SB) No. 1738 or the...
Electric vehicles (EVs) are projected to account for 21 percent of total vehicles on the road in the Philippines by 2030, ultimately becoming the third auto manufacturing hub in ASEAN and a global manufacturing hub for low cost transportation and commercial vehicles. This is part of the...
The Philippine Competition Commission (PCC) will no longer review mergers and acquisitions with transaction value of less than P50 billion following the suspension of the exercise of this function under the Bayanihan to Recover as One Act (Bayanihan 2). Instead, PCC said will issue the...
The Bangko Sentral ng Pilipinas (BSP) will accelerate its gold purchases and will be more opportunistic in its gold trading, according to its highest-ranking official. MB File “BSP will be opportunistic, sell when gold prices are high,” said BSP Governor Benjamin E. Diokno over the weekend. He...
BTS (Twitter) The Korean government and politicians are working together to help K-pop superstars BTS postpone their military service until age 30. This came after BTS topped the Billboard Hot 100 on Sept. 1 through their new single “Dynamite,” earning the distinction of being the first...
PH athletes, coaches will soon get their full monthly allowance Philippine Olympic Committee president Bambol Tolentino (MB Photo / Alvin Kasiban) National athletes and coaches will soon get their full monthly allowance after the House of Representatives ratified the bicameral committee report of...
Rep. Bambol Tolentino National athletes and coaches might soon get their allowances in full once the House Bill No. 6953 or “Bayanihan Act 2” becomes a law. Philippine Olympic Committee (POC) president and Tagaytay City Congressman Bambol Tolentino said he included the said provision into the...